General Discussion

Chemical Bill

(2,652 posts)

31. Anyone rich enough to itemize deductions...

Reply to senseandsensibility (Original post)

Wed Jan 15, 2025, 08:04 AM

Wednesday

can make large, tax deductible contributions to local charities. This keeps at least some of California's money from DC.

I just saw that Hollywood is pausing some film and TV shows right now. Many businesses will have less production and large rebuilding costs this year. Less profits equals lower taxes.

I know the tragedy outweighs this, but maybe DC will notice that less money is rolling in from LA.

Bill

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Just heard on Joy Reid [View all] senseandsensibility Tuesday OP

Wow, that really puts things in perspective. Frank D. Lincoln Tuesday #1

It does senseandsensibility Tuesday #2

Thanks. nt Frank D. Lincoln Tuesday #5

Sure does...California should keep their 83B for the next 2 years, Volaris Wednesday #32

Other than some excise taxes, the tax money sent to the Federal government comes from individual taxpayers not the state MichMan Tuesday #3

States don't get the payments from withholdings, but they have ways of knowing.... lastlib Tuesday #21

Sure they know, but how would they be able to keep it for themselves instead of it going to the Feds? MichMan Tuesday #22

In one of the many tax breaks Farmer-Rick Wednesday #24

Yes and Moses Mikes Traildogbob Tuesday #4

Cut them bdamomma Tuesday #6

Here's the facts about CA Bread and Circuses Tuesday #7

Republicons have lost the thread of the UNITED States. . . nt Bernardo de La Paz Tuesday #8

This is a situation that is way under reported. Blue states support those in red states who have been let down by the Martin68 Tuesday #9

How would blue states SickOfTheOnePct Tuesday #10

Canada welcomes our 11th and 12 provinces: N and S California ! . . . . nt Bernardo de La Paz Tuesday #11

Most of us on DU know that CA is a net payor Ilsa Tuesday #12

This website really puts things in perspective. boonecreek Tuesday #13

Wow, thanks for posting, might be a great handout to Red State, MAGA stooges. a kennedy Tuesday #15

My pleasure. boonecreek Tuesday #16

Wouldn't believe it OrangeJoe Wednesday #36

If you read You Tube comments BigmanPigman Tuesday #17

Fourth largest economy in the world. boonecreek Tuesday #19

I'm a New Yorker. I'm guessing I'm reading it wrong, but the listed "Federal dependency" for New York Scrivener7 Wednesday #40

New York is 15th in state government depedency. boonecreek Wednesday #42

But then the charts show NY as being very low in government dependency. In one, it appears to be the Scrivener7 Wednesday #44

They show their methodology further down, boonecreek Wednesday #47

Abolish the federal tax! JadedButHopeful Tuesday #14

You think someone making minimum wage should have the same SS and Medicare contribution as someone making $150k ? MichMan Tuesday #23

Media will sanewash whatever Rethugs propose and per usual make it look normal. NoMoreRepugs Tuesday #18

Shutoff all hurricane aid. roamer65 Tuesday #20

And those of us who pay state taxes iemanja Wednesday #25

Just how would your own state taxes be subsidizing other states? n/t MichMan Wednesday #26

The amount we pay in federal taxes iemanja Wednesday #28

This message was self-deleted by its author MichMan Wednesday #30

It all goes on the balance sheet iemanja Wednesday #43

Geez I'd forgotten about that senseandsensibility Wednesday #41

Good to Know .. I Figured it was HIGH. Cha Wednesday #27

Wealthy GOP donors will be thrilled to learn that their party wants to cut off aid to CA. usonian Wednesday #29

Anyone rich enough to itemize deductions... Chemical Bill Wednesday #31

This is the perfect situation to make Mr. Mustard 2023 Wednesday #33

The eternal question IMHO: senseandsensibility Wednesday #39

We hear people & GOP Pols back east whining about CA Billionaires with 'million dollar homes' not needing help Attilatheblond Wednesday #34

Politicalization of Disaster Relief is reprehensible. n/t rasputin1952 Wednesday #35

States aren't taxed, people are MichMan Wednesday #37

That money could help bolster federal moneys lost and have $ left over if there was a realignment at some future date. Magoo48 Wednesday #38

71 Percent of U.S. GDP is generated in Blue States while 8 of top 10 welfare states are Red States. eom Exp Wednesday #45

In that case, it only makes sense that blue states pay 71% of the taxes n/t MichMan Wednesday #46

Ha ha sure, but the tax rates on earned income are higher than that simple GDP number. The point is that Exp Wednesday #50

I disagree MichMan Wednesday #51

It is the Red States that are takers, their policies are bad, their min wages are bad, their healthcare and education Exp Yesterday #52

I knew that before she said it. Very frustrated that officials didn't say it immediately. SleeplessinSoCal Wednesday #48

Trump wants a piece of the California action money wise. Irish_Dem Wednesday #49